1320 North 40th Street

Seattle, WA 98103

$805,000
Last Sold Price
3
Beds
2
Baths
2,080 Sq. Ft.
$387 / Sq. Ft.
2,080
Sq. Ft.
$387
per Sq. Ft.

Description

Craftsman style home operating as duplex on LR1 (M1) zoned lot in Wallingford. Easy access to all neighborhood amenities; close to Fremont, Lake Union, Green Lake & UW. Upper unit consists of main & upper levels with 3 bdrms, 1 bath & access to a back yard area. New windows, flooring, interior paint, steel stair rail and kitchen subway tile back splash in upper unit. Bsmt unit w/non-conforming bdrm, living room/kitchen area & full bathroom. New front entry to lower level unit. Common areas in basement...Craftsman style home operating as duplex on LR1 (M1) zoned lot in Wallingford. Easy access to all neighborhood amenities; close to Fremont, Lake Union, Green Lake & UW. Upper unit consists of main & upper levels with 3 bdrms, 1 bath & access to a back yard area. New windows, flooring, interior paint, steel stair rail and kitchen subway tile back splash in upper unit. Bsmt unit w/non-conforming bdrm, living room/kitchen area & full bathroom. New front entry to lower level unit. Common areas in basement include laundry rm & individual storage areas for each unit. Other notable updates include a new roof, freshly painted exterior & new sewer clean out. Off-street pkg in driveway. Nearby transit options & bus lines. Great investment potential!
  1. Listed by Aaron Fredrickson • Windermere Real Estate Co.

Property Details for 1320 North 40th Street

Community Name
Wallingford
School District
Seattle
Number of Assigned Spaces
1
Total Covered Parking
0
Entry Date
05-10-2021
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate Co.

Sold By Redfin

Add your commute
LISTING UPDATED: 03/14/2022 03:21 PM

Property Details for 1320 North 40th Street

StatusSold
MLS #1771364
Days on Market275
Cumulative Days on Market272
Taxes$6,502 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.06 AC / 2,543 SF
CountyKing County

Location

Listing Courtesy of Windermere Real Estate Co.

Sold By Redfin

Add your commute

Building Information for 1320 North 40th Street

Stories3Residences2Year Built1918Building Size-Lot Size0.06 AC / 2,543 SF

Payment Calculator

$4,935 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,393

Property Taxes

$542

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1320 North 40th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Bf Day
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • Directions: From Stone Way: East on N 40th St to property on North side of street. From Wallingford Ave N: West on N 40th St to property on North side of street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Features: Forced Air, Ceramic Tile, Hardwood, Laminate Tile, Wall to Wall Carpet
  • Amenities: Basement,Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Baseboard,Forced Air,Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 2575
  • Power Company: City of Seattle
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric, Natural Gas
  • Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, See Remarks
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 29
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: CoreLogic
  • Parcel Number Free Text: 4452300080
  • Building Condition: Good
  • Calculated Square Footage: 2080
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2080.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9827
  • Gross Adjusted Income: 40800
  • Gross Rent Multiplier: 21
  • Gross Scheduled Income: $40,800
  • Insurance Expense: $750
  • Net Operating Income: $30,973
  • Other Expenses: $0
  • Total Monthly Income: 3400
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1190
  • Rent Unit 1: $2,495.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 890
  • Rent Unit 2: $795.00
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2080.0
  • Leasable Area Units: Square Feet

Property History for 1320 North 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1320 North 40th Street

Taxable ValueLand$366,000Additions$562,000Total$928,000
Tax Record2022$7,910 ($659 / month)
Home Facts
Beds3Baths1.8Total Finished SqFt2,530 SqFtAbove Ground SqFt1,860 SqFtFinished Basement SqFt670 SqFtStories2Lot Size2,543 SqFtStyleSingle Family ResidenceYear Built1918ZoningLR1 (M1)CountyKINGAPN445230-0080Fireplace TypeHas Fireplace

Schools near 1320 North 40th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate Co.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.